3-Bed BTL in Lincolnshire

Low Entry Price, 14% Yield BTL in Lincolnshire

Asking price: £49,950 — this is the lowest priced 3‑bed terrace in the area, with comparable properties listed between £60,000 and £80,000.

Comparable rents: £550–£600 pcm for similar 3‑bed terraces in the same area.

This freehold property is sold with vacant possession and does require a light scheme of refurbishment before it is tenant ready again. We have allowed £5,500 for redecoration and floor coverings in the financials below.

Demand is strong in the area as 3‑bed terraces prove consistent demand, with current asking rents being around £550–£600 pcm.

FINANCIALS
▪ Purchase price: £49,950
▪ Annual profit: £4,837
▪ Refurb costs: £5,500 with contingency
▪ ROCE: 20%
▪ Yield: 14%

▪ Purchase Costs: £18,835
▪ Investment Required: £24,335
▪ Monthly Rent: £575
▪ Annual Rent: £6,900
▪ Monthly Profit: £418
▪ Net Yield:10 %

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